Notable Transactions

Wednesday, March 20, 2013 1:11 PM

PBH Boulder Ridge LLC paid $8.4 million to CAPREIT Boulder Ridge LP for Boulder Ridge Apartments at 3861 Woodland Ave. in West Des Moines. At the time of the sale on Feb. 21, the property was valued at nearly $6 million.

MP Property Management LLC paid $560,000 to DM Summerplace Apartments LLC for Nadine Apartments at 2600 Kingman Blvd. in Des Moines. At the time of the sale on Feb. 21, the property was valued at $401,000.

Kenneth Clark paid $960,000 to IPE1031 REV86 LLC for 79 acres of vacant land in Lincoln Township. At the time of the sale on Feb. 21, the property was valued at $114,460.

Mulberry Pointe LLC paid $3.34 million to Diagonal Properties Inc. for an apartment complex at 906 Washington Ave. S.E. in Bondurant. At the time of the sale on Feb. 26, the property was valued at $3.25 million.

Charles Kempker paid $425,000 to CCLF LLC for a retail building at 204 W. First St. in Grimes. At the time of the sale on Feb. 28, the property was valued at $282,000.

CCT Investments LLC paid $1.8 million to First Commercial Bank for a shopping center at 2181 N.W. 111th St. in Clive. At the time of the sale on Feb. 28, the property was valued at $1.8 million.

East University LLC paid $286,500 to Claytons Inc. for a retail building at 2610 E. University Ave. in Des Moines. At the time of the sale on March 1, the property was valued at $157,000.

OAS LLC paid $1.5 million to Jeffrey Smart for an industrial building at 1626 Delaware Ave. in Des Moines. At the time of the sale on March 5, the property was valued at nearly $1.6 million.

Max Steigleder paid $1.28 million to IPE1031 REV117 LLC for nearly 124 acres of land in southern Polk County. At the time of the sale on March 6, the property was valued at $146,480.

Source: Polk County auditor, recorder and Iowa secretary of state online records.